The Belgian fashion FNG, the parent company of, among others, the Steps, as well as Miss Etam, still nearly three hundred of its employees. The publicly listed company, financially, in a difficult climate, and the need for a small, fifty stores to close, report to the company on Monday.
the FNG has high levels of debt, and is working on a plan to set up. Until that time, the company, the creditors held harmless by the activities in the country to divest in a press release. The CEO is speaking from a "difficult and painful but necessary measure".
as for The 287 employees make up one-quarter of all workers in Belgium. There are going to be in the first instance, the shops closed for the brands Brantano, Concept, Fashion, Fred & Ginger.